Government launches the Zambia Agribusiness and trade project

Minister of Commerce,Trade and Industry Margaret Mwanakatwehelping in building Alick Nkhata Mall during Ground Breaking Ceremonyin LusakaGovernment has launched the Zambia Agribusiness and trade project (ZATP) to promote agricultural diversification for the country’s economic growth.

Speaking during the launch at Lusaka’s Mulungushi International Conference Center today, Commerce, Trade and Industry Minister Margret Mwanakatwe said the project reflects Government’s determination to attain the vision 2030 and the sustainable Development Goals (SDGs).

Ms. Mwanakatwe notes that the Agribusiness and trade project (ZATP) will boost the country’s economy as well as support poor farmers especially the Small and Medium Enterprises (SMEs), affirming that 4,000 farmers will be employed under the same project by 2022 and that include 300 Small and Medium Enterprises (SMEs).

“The project reflects Government’s determination to attain the vision 2030 and the sustainable Development Goals (SDGs)” Mwanakatwe said

Speaking at the same event, World Bank Country Office Manager Ina- Marlene E. Ruthenberg says the World Bank has already allocated 40 Million United States Dollars to help fund the project from which the underprivileged and emerging farmers will be beneficiaries.

“We have already allocated 40 Million United States Dollars to help fund the project from which the underprivileged and emerging farmers will be beneficiaries” Ruthenberg said

Zambia Agribusiness and Trade project (ZATP) manager Gloria Phiri has expressed optimism that the project will enable farmers countrywide to enhance their productivity as well as to help open up markets on the global market.

“Project will enable farmers countrywide to enhance their productivity as well as to help open up markets on the global market” Ms. Phiri said

Victor, maybe i misread but i thought that the WORLD BANK allocated $40 MILLION to fund the project.
This WORLD BANK is the same organization that the IMF is associated with. Government and pf sycophants kwik to take the white mans money when it suits them. Zambia a country based on grants, international loans even mutati said that budget would br based on grants and external funding